August Equity's Active Assistance Group buys Communicare

The deal represents the third strategic acquistion for Active Assistance. The management of Communicare will remain in place.

August Equity first invested in Active Assistance in March 2010 with £2.8m.

The acquisition financing included debt provided by HSBC.

Company
Commuicare is a UK-wide domiciliary care services provider, catering to patients with complex care needs. The company was founded in 2002. 

People
Aatif Hassan, partner, led the acquisition on behalf of August Equity. Ejaz Nabi is managing director of Active Assistance. 

Advisers
Equity - Baker Tilly, Paul Harris (Financial due diligence); Gannons, Rebecca Briam (Legal); HSBC, Stuart Mills (Debt).
Company - GT, Mike Harris (Legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• UK / Ireland
• Now researching
• Healthcare
• Buyouts
• August Equity LLP
• HSBC